Aion (called “The Third Generation Blockchain Network”) is a multi-layer blockchain platform that
aims to solve the issues of scalability, privacy, and interoperability that many blockchain networks
currently face. The Aion protocol implements a high-performance bridging mechanism to bring
various blockchain networks together through inter-communication in a multi-tier hub-and-spoke
model. This can be done even if the blockchains are dissimilar. Communication consists of both
data and value transfer between these blockchains. The decentralized Aion network is used to send communications as transactions while also incentivizing communication. The Aion virtual
machine will address scalability issues by allowing decentralized applications to be interoperable.
Aion (AION) tokens, first existing as Ethereum tokens and then being converted to native AION
coins, are used to power the various functions of Aion.